The Michigan Supreme Court has made it easier for auto accident victims to sue for pain and suffering under the state’s no-fault law. The new court ruling lowers the threshold of what is considered a serious impairment of body function …
Ohio Auto, Homeowners Insurance Rates Increase in 2009 The average rates for the top 10 homeowners insurance providers in Ohio increased by 9.7 percent in 2009, according to the Ohio Department of Insurance. The average rates for the state’s top …
RAND Study Shows Coverage Fails to Limit Court Costs, Lower Premiums No-fault automobile insurance, once seen as a way to limit court costs and lower premiums, has declined in popularity among both insurers and consumers because it largely has failed …
Sacramento is the latest local government in California to consider imposing a tax on out-of-town motorists who are involved in local auto accidents, which many insurers oppose, according to Sam Sorich, president of the Association of California Insurance Companies (ACIC). …
Ohio Department of Insurance Director Mary Jo Hudson announced that the average rates for the state’s top 10 private passenger auto insurers increased 2.8 percent in 2009. The average rates for the state’s top 10 homeowners increased by 9.7 percent …
First Mercury, Valiant First Mercury Financial Corp., based in Southfield, Mich., reported that its principal insurance subsidiary, First Mercury Insurance Co., is acquiring Valiant Insurance Group Inc., a subsidiary of Ariel Holdings Ltd. The purchase price for Valiant, an amount …
Massachusetts Attorney General Martha Coakley is proposing new regulations that she says will rein in sales and underwriting practices for auto insurers and agents in the state. The regulations come in response to a report issued by her office in …
All Wisconsin drivers were required to carry auto liability insurance beginning June 1, but the question remains as to how many will follow the law. Only about 15 percent of the state’s drivers are currently uninsured, roughly the same percentage …
All Wisconsin drivers must carry auto liability insurance starting June 1, but it’s unclear how many will follow the law. Only about 15 percent of the state’s drivers are currently uninsured, which is roughly the same percentage as the national …
Massachusetts Attorney General Martha Coakley is proposing new regulations that she says will rein in sales and underwriting practices for auto insurers and agents in the state. The regulations come in response to a report issued by her office last …
